Money Meets Medicine Podcast
MMM #41: 5 Scary Things About Money
What are the thoughts that you think about your money? Did you know there are scary things when it comes to money? Don’t worry! There’s no need to fear. Your past with your money does not define you. You can reframe your thoughts to make the right decisions with money, instead of letting your fears take you down the wrong path. That’s what today’s post is all about!
What You’ll Learn:
In this episode of Money Meets Medicine, ”5 Scary Things About Money,” you’re going to learn what the five things are and:
- Why you shouldn’t be scared of your past mistakes, you can make new decisions!
- You have the ability to get out of debt!
- You don’t need to feel the guilt of wasting money.
- Your thoughts control your outcomes with money.
- And more!
Quotes To Remember:
“Don’t be scared that if you’ve made poor financial decisions in the past, unfortunately like Jimmy got taken advantage of with the insurance piece or maybe you have as well, don’t let that dictate what’s going to happen in the future.”
“The past is the past, the past has already happened. You can’t change it. But right now what you’re doing is you’re letting your past mistakes dictate your future actions and where you are and how you feel right now, which is insane when you stop and think about it.”
“if you don’t know where you’re walking, you’re just going to start walking on aimlessly… And I think when you start actually putting this down and going, okay, I’m going to think through these things. This is why I’m going to pivot to, you’re going to realize when it’s all said and done that money is not the most important resource and it’s time.”
“While money is not the end all be all, it is a tool and it does help you get the time and the life and the things that you want in terms of designing a life. It is not the purpose. Money’s not the purpose, but it is valuable. It is worth it.”
This Episode’s Sponsor
Alright. So, here is the deal. If you are a doctor who feels overwhelmed by trying to be the best partner, parent, and physician you can be. If all the hats you wear are stressing you out. Or if you are dealing with burnout or moral injury… there is a solution to these problems. But that solution is only available until Monday 11/2 at midnight.
The Alpha Coaching Experience is going on sale. Right Now.
I realize that coaching may be a new concept to many listeners. So, I want to encourage you to attend my FREE online webinar called Defeat Burnout without Leaving Medicine. This webinar is jam packed with helpful tips. And I’ll also discuss where you can get more coaching if you want it.
If you missed the first webinar, don’t worry. There are 2 more on 10/30 and 11/1. You can sign up for this FREE webinar on how to defeat burnout without leaving medicine by visiting Ryan’s link: financialresidency.com/TPPwebinar
Don’t wait, though. The webinars and Alpha Coaching Experience end on 11/2 at midnight.
Listener Question of the Week:
This question is from the Prudent Plastic Surgeon himself, Dr. Jordan Frey:
Do you set aside a certain portion for more risky investments or keep with index funds?
Each episode, we are going to start including listener questions as they are provided to us. So, if you have a specific question you’d like answered on the podcast reach out to us! Email [email protected] or [email protected]
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© 2021 The Physician Philosopher | Website by The Good Alliance
Thanks for answering my question!
Great episode as always. I relate to what you both are talking about so much. A lot of what held me up from learning about my finances in the first place was the fear and embarrassment of how much I had messed them up. But by facing those mistakes I actually didn’t feel fear but rather empowerment and hope. It was the first step towards making things better.